Word: lende
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...relatively well-to-do "idealists" can afford to participate in the program. Scholarship students are effectively excluded as are many students with cars, Herzog reports. Most of the students could earn extra money tutoring if they were not in the HUT. Herzog is looking for an organization that will lend financial support so that the group can pay interested undergraduates a salary of $2.50 an hour plus transportation expenses...
...time when Cronin graduated from B.C., the U.S.S.R. was claiming that "Ali Baba and his forty thieves were still at work in the Mid-East," and that about half of its Lend-Lease allotments were being carried off by stealthy Arabs. Cronin went to work for the Documentation Branch of the Persian Gulf Command in Teheran, where he dealt extensively with the Russians. He had been educated at Catholic schools, and found that the Russian's actions "were the antithesis of everything I had ever been taught." At a time when most of the people with whom he worked thought...
Whether or not Ayub is the man for Pakistan, the revolt in Pakistan raises a further question: Is Democracy the method for the underdeveloped countries of southern Asia? Those who believe with Nehru that Democracy can meet the challenge of Communist China, may lend a readier ear to pleas that the United States devote a larger part of its foreign aid to economic rather than military projects. Policies of primarily military aid in underdeveloped countries may, indeed, foster and maintain the military dictatorships that are now appearing...
Last week Banker Florence, who clinched the title this year, moved Republic out of the Texas League into national banking. First National (total deposits: $724.8 million) made the first move, upped its capital and surplus from $51.1 million to $60 million, allowing it to lend $6,000,000 at a crack. But then Florence's Republic (total deposits: $798.4 million), for the ninth time in nine years, boosted its own capital and surplus from $87 million to $100 million, jumping its single loan authority to $10 million. Republic's new total resources: $948 million, v. First National...
...there was less hurry about the third of Ike's suggestions-the possible creation of an International Development Association (IDA) that would lend money to countries on easy rates for long terms. Under Ida, as the British call it, leans would be repayable in "soft" national currencies rather than in such "hard" currencies as the U.S. dollar and the Deutsche Mark, as the World Bank requires. The U.S. itself did not push very hard for Ida, a plan originally suggested by Oklahoma's Democratic Senator Mike Monroney. It got a warmer welcome among the underdeveloped countries that would...